Creating the Chart of Accounts

The Chart of Accounts are used on the Warehouse, Equipment, and Work Order objects to create ledger transactions that can be exported for use in third party accounting solutions.

Step by Step

Add all accounts in the Chart of Accounts object.

  1. Add a [New] record in Chart of Accounts

  2. Make the following entries in Details:

    • Name: Name for the account

    • Description: Human readable description

    • Type: G/L account type

      • Income (carries a Credit balance)

      • COGS (carries a Debit balance)

      • AR (carries a Debit balance)

      • Bank (carries a Debit balance)

      • Balance Sheet (may carry a Debit or a Credit balance)

      • Expense (carries a Debit balance)

    • Parent Account: (Optional) For sub-ledger accounting

  3. Save the record, and repeat as necessary for additional accounts.